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Information Technology
CitySwift, a renowned Irish mobility tech firm, has made a significant move into the Asia-Pacific (APAC) region through a strategic partnership with Hong Kong-based Citybus. This innovative collaboration marks CitySwift's first foray into the APAC market, leveraging its cutting-edge AI-powered data analytics to enhance public transport efficiency and reliability. Founded in 2016 by Brian O’Rourke and Alan Farrelly, CitySwift has quickly become a leader in optimizing public transport networks globally, using advanced data science and AI-driven insights.
CitySwift is an intelligent transport data platform that specializes in enhancing the performance of public transport networks through AI-powered analytics, simulations, and optimizations. The company's platform aggregates, cleans, and enriches data from hundreds of sources, providing both operators and authorities with a precise, single source of truth. This approach enables transport providers to transition from manual analysis and guesswork to data-driven decision-making, ensuring punctuality and reliability without compromising resources.
CitySwift's entry into the APAC region is marked by its partnership with Citybus, a prominent public transport service provider in Hong Kong. This alliance aims to empower Hong Kong's public transport network by leveraging AI and data to improve reliability, efficiency, and sustainability. CitySwift's expansion reflects its commitment to supporting global efforts to make public transportation more efficient and appealing, aligning with the growing demand for smarter and more sustainable mobility solutions.
CitySwift has raised over €15 million from investors to date, including a significant €7 million funding round led by Gresham House Ventures in early 2024. This financial backing underscores investor confidence in CitySwift's innovative approach and potential for expansion. With a customer base that has grown by 150% in the past year, CitySwift continues to solidify its position in major UK cities and beyond, now influencing over 3.3 billion global journeys.
As cities around the world strive to create more agile and sustainable transport systems, companies like CitySwift play a critical role. By harnessing the power of AI and data analytics, CitySwift is at the forefront of transforming public transport networks to meet evolving passenger needs. This shift towards data-driven insights supports the transition away from private transport modes, promoting more climate-friendly options that prioritize efficiency and reliability.
CitySwift's entry into the APAC market, marked by its strategic partnership with Citybus in Hong Kong, signifies a significant step forward in the company's mission to revolutionize public transport globally. Through its use of AI-driven analytics and data science expertise, CitySwift continues to set new benchmarks for efficiency, reliability, and sustainability in public transportation. As the world moves towards smarter and more sustainable mobility solutions, CitySwift's expansion into the APAC region positions it as a key player in shaping the future of public transport worldwide.